NOT LISTED FOR SALE

12002 S 88th Ave Palos Park, IL 60464

Estimated Value: $733,991 - $879,000

4 Beds
3 Baths
2,550 Sq Ft
$316/Sq Ft Est. Value

Last Sold April 10, 2015

Last sale price $425,000 $167 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $4,834/month

215 Days on Market

Highlights

  • Horses Allowed On Property
  • Atrium Room
  • Corner Lot
  • Palos East Elementary School Rated A
  • Bonus Room
  • Screened Deck

About This Home

As of April 2015

Huge price reduction on this Palos Park 1.6 acres. Put your own signature personality on the home with a unique well thought out floor plan. 4 bedrooms, 2 full bathrooms upstairs and a bedroom or office or family room over the garage. Large kitchen with an adjacent dining room. Fabulous screened porch off the kitchen/dining room area. 1st floor laundry and full bath. Make sure you see this one for yourself.

Last Agent to Sell the Property

Catherine Maier

RE/MAX 1st Service Listed on: 04/30/2014

Last Buyer's Agent

Lawrence O'Shaughnessy

O'Shaughnessy Real Estate LLC License #471008983

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,439

Year Built

  • 1914

Lot Details

  • 1.6

Parking

  • Attached Garage
  • Garage Door Opener
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Brick Exterior Construction
  • Aluminum Siding
  • Stone Siding

Interior Spaces

  • Wood Burning Fireplace
  • Dining Area
  • Bonus Room
  • Atrium Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • In-Law or Guest Suite
  • Bathroom on Main Level
  • Dual Sinks

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Screened Deck
  • Enclosed Patio or Porch

Utilities

  • 3+ Cooling Systems Mounted To A Wall/Window
  • Baseboard Heating
  • Lake Michigan Water

Additional Features

  • Corner Lot
  • Horses Allowed On Property

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,439

Year Built

1914

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service, Commuter Train
  • Age: 91-100 Years
  • Full Bathrooms: 3
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 3
  • Type Detached: 2 Stories
  • Estimated Year Built: 1914
  • Tax Exemptions: Homeowner, Senior
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1914

Interior Features

  • Interior Property Features: In-Law Arrangement, 1st Floor Laundry, 1st Floor Full Bath
  • Number Of Rooms: 10
  • Living Room: Dimensions: 15X12, On Level: Main Level, Flooring: Terracotta
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Fireplace Details: Wood Burning
  • Attic: Full, Interior Stair, Unfinished
  • Fireplace Location: Living Room
  • Basement: Full
  • Basement: Unfinished
  • Bedrooms All Levels: 4
  • Bathroom Amenities: Double Sink
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 12X8, On Level: Main Level, Flooring: Terracotta
  • Dining Room: Dimensions: 14X12, On Level: Main Level, Flooring: Terracotta
  • Kitchen Type: Dimensions: 12X12, On Level: Main Level, Flooring: Vinyl
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: Atrium, Bonus, Eating Area, Enclosed Porch
  • Master Bedroom: Dimensions: 14X13, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 1 Name: Atrium, Dimensions: 20X10, On Level: Main Level, Flooring: Ceramic Tile
  • Additional Room 2 Name: Bonus, Dimensions: 19X17, On Level: 2nd Level, Flooring: Ceramic Tile
  • Bedroom 2: Dimensions: 11X10, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 3 Name: Eating Area, Dimensions: 10X8, On Level: Main Level, Flooring: Vinyl
  • Bedroom 3: Dimensions: 14X13, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 4 Name: Enclosed Porch, Dimensions: 20X15, On Level: Main Level, Flooring: Carpet
  • Bedroom 4: Dimensions: 12X12, On Level: 2nd Level, Flooring: Carpet
  • Estimated Sq Ft: 2550
  • Dining Room Type: Separate
  • Family Room: Dimensions: 14X12, On Level: Main Level, Flooring: Terracotta

Exterior Features

  • Lot Size: 1.0-1.99 Acres
  • Exterior Building Type: Aluminum Siding, Brick, Stone
  • Exterior Property Features: Porch, Screened Deck
  • Acreage: 1.606

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Asphalt
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: 3+ (Window/Wall Unit)
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Baseboard

Schools

  • School District: 230
  • High School: AMOS ALONZO STAGG HIGH SCHOOL
  • Junior High Dist: 118
  • Other Public School: Moraine Valley CC

Lot Info

  • Lot Dimensions: 334 X 208
  • Lot Description: Corner, Horses Allowed
  • Parcel Identification Number: 23272030290000

Tax Info

  • Taxes: 4843.75

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2014
Closed on
Apr 10, 2015
Sold by
Dalheim Lang Franklin Richard and Dalheim Lang Susan
Bought by
Bracken James W and Bracken Kelly L
Seller's Agent
Catherine Maier
RE/MAX 1st Service
Buyer's Agent
Lawrence O'Shaughnessy
O'Shaughnessy Real Estate LLC
List Price
$500,000
Sold Price
$425,000
Premium/Discount to List
-$75,000
-15%
Current Estimated Value
$806,496

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$381,496
Avg. Annual Appreciation
5.98%
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Bracken James W $425,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bracken James W $910,000
Closed Bracken James W $875,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2015 04/10/15 Sold $425,000 -7.6% $167 / Sq Ft
12/01/2014 12/01/14 Pending -- -- --
09/26/2014 09/26/14 Price Changed $460,000 -4.2% $180 / Sq Ft
07/16/2014 07/16/14 Price Changed $480,000 -1.0% $188 / Sq Ft
07/02/2014 07/02/14 Price Changed $485,000 -1.0% $190 / Sq Ft
06/18/2014 06/18/14 Price Changed $490,000 -1.0% $192 / Sq Ft
06/04/2014 06/04/14 Price Changed $495,000 -0.6% $194 / Sq Ft
05/21/2014 05/21/14 Price Changed $498,000 -0.4% $195 / Sq Ft
04/30/2014 04/30/14 For Sale $500,000 -- $196 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $6,439 $76,083 $26,234 $49,849
2023 $6,843 $26,234 $26,234 --
2022 $6,843 $22,736 $22,736 $0
2021 $6,345 $22,736 $22,736 $0
2020 $6,115 $22,736 $22,736 $0
2019 $5,474 $20,987 $20,987 $0
2018 $12,013 $47,459 $20,987 $26,472
2017 $11,651 $47,459 $20,987 $26,472
2016 $11,170 $41,914 $17,489 $24,425
2015 $11,046 $41,914 $17,489 $24,425
2014 $5,515 $41,914 $17,489 $24,425
2013 $5,287 $41,597 $17,489 $24,108
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08600786

Midwest Real Estate Data (MRED)

APN: 23-27-203-029-0000